TopHat, the modular house builder, has raised £70 mln (€80 mln) from new and existing shareholders as the company prepares to open Europe’s largest modular housing factory.
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With seemingly everyone trying to figure out if the opensource Artificial Intelligence software ChatGPT can assist them in their job, it is no surprise proptech companies are also turning to it.
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Alternative investment manager Pollen Street has acquired a majority stake in Iberian fintech credit and real estate platform Finsolutia.
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Global VC Pi Labs has kicked off its 2023 Growth Programme, backing five early-stage start-ups that have developed technological solutions that are expected to positively impact the way businesses and societies interact with the built world.
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German residential specialist Vonovia has becoming the lead investor in the current series B funding round of Gropyus, a sustainable housing proptech.
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PfP Capital, the social value and ESG-focused real estate fund manager, which is part of the UK’s Places for People, has acquired the UK’s first real estate B-Corp accredited organisation, and award-winning development manager, igloo Regeneration.
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Bridges Fund Management, a specialist sustainable and impact investor that has investment in property and the built environment, has acquired a stake in Hycube Technologies, a European company that provides a decentralised energy storage system to homeowners, as part of its growth strategy.
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German investor Commerz Real has taken up a stake of €5 mln in the PT 1 Early-Stage Fund II venture capital fund set up by Proptech 1 Ventures.
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Limehome, a technology-based provider and operator of digitised-design serviced apartments in Europe, has closed a funding round of €45 mln in new growth capital.
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Mytraffic, a European start-up specialising in location analytics, has raised €30 mln in a seires B round led by AXA Venture Partners (AVP).
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Big pension funds, insurers and major asset managers intensified their investment activity in the week before Expo, with well over €2 bn of real estate changing hands.
